Economy 10627 May12:0014:0016:0018:0020:00
Boeing slashes 12,000 jobs as virus seizes travel industry

27 May 19:11 4 articles

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

27 May 19:11 WVLT 4089046911802243342.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

27 May 19:56 The Age 7967730562778155481.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

27 May 19:56 Brisbane Times 2314609339797227993.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

27 May 19:56 WAtoday 6806590900243417561.html
The demise of oil may have been greatly exaggerated

27 May 19:15 3 articles

The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 The Age 7967730562918306578.html
The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 Brisbane Times 2314609339937379090.html
The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 WAtoday 6806590900383568658.html
Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic

27 May 19:35 3 articles

Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic

Tesla has slashed pricing for its Model 3, Model X, and Model S models as the coronavirus pandemic ravages US car sales, as Reuters reports.

27 May 19:35 Business Insider Malaysia 8325046882652094629.html
Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic, Business Insider - Business Insider Singapore

Business Insider - The Tesla Model X SUV and Model S sedan are $5,000 cheaper, while the Model 3 got a $2,000 cut. The move comes as COVID-19 tanks overall car sales.. Read more at businessinsider.sg

27 May 19:35 www.businessinsider.sg 5090408756067664037.html
Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic

The Tesla Model X SUV and Model S sedan are $5,000 cheaper, while the Model 3 got a $2,000 cut. The move comes as COVID-19 tanks overall car sales.

27 May 19:35 Business Insider 6060062399836422309.html
These 5 'stay at home' stocks are getting pounded as the US economy reopens

27 May 19:49 3 articles

These 5 'stay at home' stocks are getting pounded as the US economy reopens, Business Insider - Business Insider Singapore

Business Insider - All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.. Read more at businessinsider.sg

27 May 19:49 www.businessinsider.sg 5090408756213375547.html
These 5 ‘stay at home’ stocks are getting pounded as the US economy reopens

A group of popular “stay at home” stocks are slumping as investors cheer the US economy reopening.

27 May 19:49 Business Insider Malaysia 8325046882797806139.html
These 5 'stay at home' stocks are getting pounded as the US economy reopens

All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.

27 May 19:49 Business Insider 6060062399982133819.html
Here's why 3 Wall Street analysts just boosted their Apple price targets

27 May 19:52 2 articles

Here’s why 3 Wall Street analysts just boosted their Apple price targets

A slew of Wall Street analysts boosted their Apple price targets this week, citing increased demand for iPhones, store reopenings, and services as reasons that the tech giant is poised to gain.

27 May 19:52 Business Insider Malaysia 8325046882247303590.html
Here's why 3 Wall Street analysts just boosted their Apple price targets

All three analysts see Apple stock gaining further this year, moving past the impact of the coronavirus pandemic on the tech giant.

27 May 19:52 Business Insider 6060062399431631270.html
Star Bulk Carriers Corp. 2020 Q1 - Results - Earnings Call Presentation

27 May 19:00 2 articles

Star Bulk Carriers Corp. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Star Bulk Carriers Corp. in conjunction with their 2020 Q1 earnings call.

27 May 19:00 Seeking Alpha 5725634557364183938.html
Keysight Technologies, Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Keysight Technologies, Inc. in conjunction with their 2020 Q2 earnings call.

27 May 19:18 Seeking Alpha 5725634558107770154.html
Tractor Supply Company Is Thriving

27 May 19:21 2 articles

Tractor Supply Company Is Thriving

Tractor Supply offered Q2 update that is expecting record-breaking sales and earnings Fresh off a stellar Q1, the second quarter is supposed to easily trump tha

27 May 19:21 Seeking Alpha 5725634556380490137.html
Dumpster Diving: (Kirkland's Edition)

On May 18, 2020, Kirkland's reported a business update. The big highlight was 96% e-commerce growth. Despite the costly two month forced shutdown due to COVID-1

27 May 19:23 Seeking Alpha 5725634557470248318.html
What is the difference between subsidized and unsubsidized student loans?

27 May 19:59 2 articles

What is the difference between subsidized and unsubsidized student loans?, Business Insider - Business Insider Singapore

Business Insider - One of the main differences between subsidized and unsubsidized loans is that you'll pay no interest on subsidized loans while in school.. Read more at businessinsider.sg

27 May 19:59 www.businessinsider.sg 5090408756793649386.html
What is the difference between subsidized and unsubsidized student loans?

One of the main differences between subsidized and unsubsidized loans is that you'll pay no interest on subsidized loans while in school.

27 May 19:59 Business Insider 6060062399520639493.html
FIA approves Formula One budget caps over next five seasons starting from 2021

27 May 19:30 2 articles

FIA approves Formula One budget caps over next five seasons starting from 2021

The first-ever F1 budget cap will come into force next season at 145million US dollars (£117million), with further cuts in 2022 and 2023-25.

27 May 19:30 Shropshire Star 3480199993133770375.html
FIA approves Formula One budget caps over next five seasons starting from 2021

The first-ever F1 budget cap will come into force next season at 145million US dollars (£117million), with further cuts in 2022 and 2023-25.

27 May 19:31 Jersey Evening Post 6141642773560021442.html
ZW$ remains our best foot forward

27 May 19:38 2 articles

ZW$ remains our best foot forward

At the rate at the Zimbabwe dollar (ZW$) is losing its intrinsic value, it may just be a matter of time before the country dollarizes, officially or non-officia...

27 May 19:38 Bulawayo24 News 5565663539914895164.html
Bringing the focus back to the informal sector

It could be the harbinger of economic revival in post-COVID India

27 May 19:02 The Indian Express 2885715105403740471.html
Royal Bank of Canada (RY) CEO David McKay on Q2 2020 Results - Earnings Call Transcript

27 May 19:27 2 articles

Royal Bank of Canada (RY) CEO David McKay on Q2 2020 Results - Earnings Call Transcript

Call Start: 08:15 Call End: 09:23 Royal Bank of Canada (NYSE:RY) Q2 2020 Earnings Conference Call May 27, 2020 08:15 AM ET Company Participants Nadine Ahn - Sen

27 May 19:27 Seeking Alpha 5725634558142100059.html
Taking care of your retirement savings so that these savings make the degree of difference

Around 100 years ago, the average life expectancy was approximately 50 years. Nowadays, an ever-greater number of people are reaching their 100th birthday. Thanks to advances in healthcare technology over the past century, the world’s population has experienced a marked increase in longevity and, while it is rather unnerving to think of one’s own mortality, most of us underestimate the investment horizon that needs to be planned for in retirement.

27 May 19:36 Daily Maverick 2373996788703366290.html
Micron climbs 6% after boosting sales guidance by more than expected

27 May 19:16 2 articles

Micron climbs 6% after boosting sales guidance by more than expected

Micron climbed 6% on Wednesday after the company raised its fiscal third quarter revenue guidance, according to an 8-K filing with the Securities and Exchange Commission.

27 May 19:16 Business Insider Malaysia 8325046883761883595.html
Micron climbs 6% after boosting sales guidance by more than expected, Business Insider - Business Insider Singapore

Business Insider - The announcement from Micron helped boost other chipmakers' shares on Wednesday, with the PHLX Semiconductor Index turning positive for the day.. Read more at businessinsider.sg

27 May 19:16 www.businessinsider.sg 5090408757177453003.html
SUZUKI: Pandemic and climate crises unmask inequalities

27 May 19:00 2 articles

SUZUKI: Pandemic and climate crises unmask inequalities

OPINIONA chorus of world leaders has declared we’re all in the same COVID-19 boat.In response, U.K. writer Damian Barr tweeted, “We are no

27 May 19:00 iNFOnews.ca 6669504244515245301.html
Our faiths call on us to care, protect and love this incredible planet of abundant life

For many years, faith communities, scientists and environmentalists have been warning political, and business leaders about the dangers of climate change and environmental destruction. Covid-19 is pointing to the reality that climate change and biodiversity loss will increase the crises we face, of poverty, starvation, migration, violence and conflict.

27 May 19:21 Daily Maverick 2373996788538894252.html
Sea Limited: Skeletons In The Closet

27 May 19:26 1 article

Sea Limited: Skeletons In The Closet

SE is inflating revenue. SE is selling goods for a negative gross margin. The maximum potential value is $59.8/share.

27 May 19:26 Seeking Alpha 5725634556136843850.html
Improving EIA's Weekly Crude Oil Production Estimate

27 May 19:03 1 article

Improving EIA's Weekly Crude Oil Production Estimate

Each week the EIA estimates crude production and an adjustment. I used regression of the weekly figures to the monthly actual production. The process developed

27 May 19:03 Seeking Alpha 5725634556830283894.html
Sandstorm Gold: This Gold Miner Is About To Get Much Bigger

27 May 19:15 1 article

Sandstorm Gold: This Gold Miner Is About To Get Much Bigger

Sandstorm's stock outperformance should continue as there are many bullish growth catalysts. There is incremental growth over the next few years thanks to newly

27 May 19:15 Seeking Alpha 5725634557627637229.html
I've Changed My Mind About Norwegian Air - The Future Is Brighter

27 May 19:23 1 article

I've Changed My Mind About Norwegian Air - The Future Is Brighter

Norwegian Air Shuttle was, effectively, bust, but it has managed to get the creditor takeover, the rights issue, and the government aid all through. It's thus a

27 May 19:23 Seeking Alpha 5725634557893984525.html
Samsung and SoFi launch money management tool

27 May 19:30 1 article

Samsung and SoFi launch money management tool

Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.

27 May 19:30 Finextra 6000504750038155556.html
Many Americans say the pandemic changed their spending habits for the better, but experts are skeptical it will last

27 May 19:45 1 article

Many Americans say the pandemic changed their spending habits for the better, but experts are skeptical it will last

As state and local economies begin to reopen, Americans will be putting their newfound spending habits to the test.

27 May 19:45 Business Insider 6060062399309460589.html
New Zealand and Singapore reaffirm ties - Government

27 May 19:25 1 article

New Zealand and Singapore reaffirm ties - Government

Prime Minister Jacinda Ardern and Singapore Prime Minister Lee Hsien Loong have marked the first anniversary of the New Zealand-Singapore Enhanced Partnership with a virtual Leaders’ Meeting today.

27 May 19:25 www.voxy.co.nz 6138926315347669529.html
US outlook highly uncertain, businesses 'pessimistic': Fed

27 May 19:22 1 article

US outlook highly uncertain, businesses 'pessimistic': Fed

The Fed's beige book survey of economic conditions showed US economic activity continued to fall sharply in recent weeks in all regions, with auto sales falling sharply and tenants unable to pay rent

27 May 19:22 Livemint 6614605817556362554.html
IndiGo, AirAsia start to refund passenger tickets in travel agents' accounts: EaseMyTrip.com

27 May 19:42 1 article

IndiGo, AirAsia start to refund passenger tickets in travel agents' accounts: EaseMyTrip.com

The move is likely to come as a relief for travel agents as they would now have the flexibility to return the refunds to customers.Prior to the lockdown, the two airlines allowed refunds to be held only in a credit shell for customers, he added

27 May 19:42 Livemint 6614605818303131348.html
A look at Huawei Technologies and Meng Wanzhou

27 May 19:49 1 article

A look at Huawei Technologies and Meng Wanzhou

VANCOUVER - Some facts about Huawei Technologies and Meng Wanzhou:The company: Huawei was founded in 1987 by Ren Zhengfei. The 75-year-old is Meng's father.

27 May 19:49 iNFOnews.ca 6669504244075615189.html
Suryoday Small Finance Bank raises ₹62.14 cr for expansion

27 May 19:30 1 article

Suryoday Small Finance Bank raises ₹62.14 cr for expansion

Suryoday Small Finance Bank (SSFB), a scheduled commercial bank, has raised ₹62.14 crore through a private placement from six existing investors, which it intends to use for expansion plans.It raised

27 May 19:30 BusinessLine 5283601792731643.html
Government may need to pump $20 billion into coronavirus-hit state banks: Report

27 May 19:51 1 article

Government may need to pump $20 billion into coronavirus-hit state banks: Report

MUMBAI/NEW DELHI: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as … Government may need to pump $20 billion into coronavirus-hit state banks: Report Read More »

27 May 19:51 ISSCNC 6824315490127125518.html
COVID-19: More than 7,000 workers matched to new jobs under NTUC’s Job Security Council

27 May 19:02 1 article

COVID-19: More than 7,000 workers matched to new jobs under NTUC’s Job Security Council

SINGAPORE: More than 7,000 workers who were either furloughed or retrenched due to the COVID-19 pandemic have taken up new roles with the help of ...

27 May 19:02 CNA 5644198864344843656.html
Why US energy CEOs will get big payouts despite oil meltdown

27 May 19:06 1 article

Why US energy CEOs will get big payouts despite oil meltdown

National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields ...

27 May 19:06 CNA 5644198863647084770.html
US mortgage applications rise for sixth straight week

27 May 19:10 1 article

US mortgage applications rise for sixth straight week

WASHINGTON: U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead ...

27 May 19:10 CNA 5644198863022002354.html
Greensill drops libel suit against Reuters over bond story

27 May 19:50 1 article

Greensill drops libel suit against Reuters over bond story

Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement ...

27 May 19:50 CNA 5644198862500059187.html
Climate-friendly almond farmers coax life from drying Spanish soil

27 May 19:11 1 article

Climate-friendly almond farmers coax life from drying Spanish soil

In one of the driest corners of Europe, Manuel Barnes has watched the soil become healthier since he started growing almonds using techniques ...

27 May 19:11 CNA 5644198862308995295.html
Fuel challenges worse without Tagwirei, says Mliswa

27 May 19:47 1 article

Fuel challenges worse without Tagwirei, says Mliswa

Norton legislator Temba Mliswa said fuel challenges continue to be experienced even without the business tycoon Kudakwashe Tagwirei who was believed to be a car...

27 May 19:47 Bulawayo24 News 5565663539882796465.html
Fashion Girls for Humanity Founders Explore Future of Fashion

27 May 19:47 1 article

Fashion Girls for Humanity Founders Explore Future of Fashion

The Fashion Girls for Humanity panel at Columbia University covered how the coronavirus crisis is changing how business is done.

27 May 19:47 WWD 5490910668975890712.html
Funding announced for pair of North Delta salmon conservation projects

27 May 19:53 1 article

Funding announced for pair of North Delta salmon conservation projects

Grants for Cougar Creek-related works by Burns Bog Conservation Society, Cougar Creek Streamkeepers

27 May 19:53 North Delta Reporter 5327740411880209447.html
B.C.’s essential grocery, hardware store employees should get pandemic pay: retail group

27 May 19:30 1 article

B.C.’s essential grocery, hardware store employees should get pandemic pay: retail group

Only B.C.’s social, health and corrections workers are eligible for top-ups

27 May 19:30 North Delta Reporter 5327740410875439160.html
Parliament: Questions and Answers May 27 2020

27 May 19:06 1 article

Parliament: Questions and Answers May 27 2020

1. TODD MULLER (Leader of the Opposition) to the Prime Minister: When she said yesterday that the Government was "using the tax system to get cashflow to small business", what did she mean by that?

27 May 19:06 SCOOP 5315658998940497212.html
French Foreign Minister Jean-Yves Le Drian Says Resumed Brexit Talks are 'Going Badly'

27 May 19:16 1 article

French Foreign Minister Jean-Yves Le Drian Says Resumed Brexit Talks are 'Going Badly'

Chief Negotiator Michel Barnier wrote to opposition leaders on Wednesday reminding them that the EU was open to an extension of up to two years to get a deal signed – a...

27 May 19:16 Sputniknews 967333867658120271.html
McLaren makes 1200 redundancies to stay afloat

27 May 19:28 1 article

McLaren makes 1200 redundancies to stay afloat

The British F1 and supercar icon has taken drastic action to survive difficult times.

27 May 19:28 CarAdvise 772235094903213069.html
Bipartisan Senate bill aims to invest $100 billion in technology R&D

27 May 19:55 1 article

Bipartisan Senate bill aims to invest $100 billion in technology R&D

The Endless Frontiers Act would invest $100 billion in AI, high-performance computing, robotics, automation and more.

27 May 19:55 Engadget 96641515443333244.html
Bitstamp Unveils British Pound Trading vs Fiat and Cryptocurrencies

27 May 19:43 1 article

Bitstamp Unveils British Pound Trading vs Fiat and Cryptocurrencies

Bitstamp, one of the largest crypto platforms in Europe, has announced its plans of supporting a new set of digital assets after adding the pound sterling trading .

27 May 19:43 Finance Magnates 8992138266176766021.html
Japan's new stimulus package to be worth ¥117.1 tril

27 May 19:05 1 article

Japan's new stimulus package to be worth ¥117.1 tril

Japan will compile a new 117.1 trillion yen ($1.1 trillion) stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world's third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra…

27 May 19:05 Japan Today 8582716287258021672.html
23 states sue Trump administration over fuel efficiency rollback

27 May 19:57 1 article

23 states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards. In March, the Trump administration issued final rules requiring 1.5% annual increases in vehicle fuel efficiency through 2026 - far weaker than the…

27 May 19:57 Japan Today 8582716286642254414.html
Virus sparks record drop in energy investment: IEA

27 May 19:56 1 article

Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch. In its annual report on energy investments, the…

27 May 19:56 Japan Today 8582716285809425117.html
Italy PM meeting with allies fails to break Atlantia deadlock

27 May 19:06 1 article

Italy PM meeting with allies fails to break Atlantia deadlock

ROME (Reuters) - A meeting between Italy’s Prime Minister Giuseppe Conte and coalition allies on Wednesday to try settle a row over Atlantia’s motorway business yielded no progress, two government sources said.

27 May 19:06 Reuters 8334514181469635365.html
WHO creates foundation to boost funding in coronavirus fight

27 May 19:16 1 article

WHO creates foundation to boost funding in coronavirus fight

GENEVA/ZURICH (Reuters) - The World Health Organization announced on Wednesday the creation of a foundation to tap new sources of funding that could help ease a potential cash shortage as it leads the global fight against the coronavirus pandemic.

27 May 19:16 Reuters 8334514180036329578.html
Cityjet pilots fear Scandinavian crew will replace them

27 May 19:50 1 article

Cityjet pilots fear Scandinavian crew will replace them

Irish-based airline has contract to provide aircraft and crew to fly routes for SAS

27 May 19:50 The Irish Times 8204772968985902807.html
China ready for looming financial war initiated by US

27 May 19:03 1 article

China ready for looming financial war initiated by US

China should prepare for a potential financial showdown with the US, as the Trump administration appears to be waging a financial war on China, with crackdowns on US-listed Chinese companies and threats of sanctions over national security legislation for the Hong Kong Special Administrative Region (HKSAR), financial sector experts said on Thursday.

27 May 19:03 Global Times 7829414521474594468.html
Amazon is in advanced talks to purchase self-driving vehicle start-up Zoox

27 May 19:53 1 article

Amazon is in advanced talks to purchase self-driving vehicle start-up Zoox

Amazon is reportedly in advanced talks to purchase self-driving vehicle start-up Zoox. Sources familiar with the matter tell The Wall Street Journal that the deal would value the company under $3.2 billion, the valuation its 2018 round of funding was based on.

27 May 19:53 TechSpot 7732733961468649196.html
General Electric is selling off its home lighting business after nearly 130 years

27 May 19:19 1 article

General Electric is selling off its home lighting business after nearly 130 years

After cycling through multiple CEOs, each with their own priorities, the company now has its hands in several different industries, ranging from aviation to healthcare to venture capital and finance.

27 May 19:19 TechSpot 7732733961426906382.html
Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown

27 May 19:15 1 article

Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown

The rupee is down 6.10% against the dollar so far this year After starting the day nearly unchanged at 75.67 … Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown Read More »

27 May 19:15 ISSCNC 6824315490228959509.html
Toyota tops the list, Tesla climbs the ranks in Australia's most trusted car brands

27 May 19:38 1 article

Toyota tops the list, Tesla climbs the ranks in Australia's most trusted car brands

The automotive industry is the fifth most-trusted business sector in Australia, but buyers have more faith in some brands over others.

27 May 19:38 CarAdvise 772235095214716099.html
Used car sales recover after COVID-19 lockdowns

27 May 19:46 1 article

Used car sales recover after COVID-19 lockdowns

Many wholesalers either weren’t trading-in cars, or were making low offers amid market uncertainty, but the used market is now showing signs of recovery.

27 May 19:46 CarAdvise 772235094793679530.html
Bakery chain Le Pain Quotidien files for bankruptcy

27 May 19:27 1 article

Bakery chain Le Pain Quotidien files for bankruptcy

The US arm of Le Pain Quotidien, an upscale bakery chain known for its chocolate-filled pastries, on Wednesday filed for bankruptcy protection, a victim of coronavirus lockdowns that have idled

27 May 19:27 New York Post 7654946768222165005.html
Covid impact: Big restaurants may walk out of malls to high streets

27 May 19:37 1 article

Covid impact: Big restaurants may walk out of malls to high streets

Some marquee brands are looking at moving back to streets from malls because of Covid-19.

27 May 19:37 The Economic Times 7653256037863113442.html
McGuinness says Ireland will “fight for its fair share” of EU recovery fund

27 May 19:35 1 article

McGuinness says Ireland will “fight for its fair share” of EU recovery fund

Ireland’s Vice President of the European Parliament has insisted the country will “fight for ...

27 May 19:35 Newstalk 7635722259140990902.html
NCC Suspends Spectrum Trading Guidelines 2018

27 May 19:10 1 article

NCC Suspends Spectrum Trading Guidelines 2018

The Nigerian Communications Commission (NCC) has suspended the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry.

27 May 19:10 The Guardian 7580308504964451148.html
Von Der Leyen: Europe's next generation will benefit from rescue deal

27 May 19:28 1 article

Von Der Leyen: Europe's next generation will benefit from rescue deal

European Commission president tells Euronews that the massive stimulus package is 'Europe's moment'.

27 May 19:28 euronews 7318238122364417890.html
China puts GDP target on history's ash pit

27 May 19:13 1 article

China puts GDP target on history's ash pit

The ruling party abandons the material growth standard of gross domestic product. Now, like many nations, it struggles to define progress in alternative ways.

27 May 19:13 Yahoo 7097669637747319320.html
Fed says pandemic inflicted most ‘severe’ damage on travel sector

27 May 19:13 1 article

Fed says pandemic inflicted most ‘severe’ damage on travel sector

Beige Book report on economic conditions shows activity fell sharply in most parts of US

27 May 19:13 Ft 707176888007741742.html
Four Reasons Why Digital Security (Security Token) Liquidity Has Lagged

27 May 19:07 1 article

Four Reasons Why Digital Security (Security Token) Liquidity Has Lagged

How fundamental misunderstandings about the function, behavior, and purpose of digital securities have stymied the path to liquidity -- but there is hope...

27 May 19:07 Crowdfund Insider 6834688073383273222.html
CMHC sees declines in home prices, sales, starts that will linger to end of 2022

27 May 19:12 1 article

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released Wednesday.

27 May 19:12 CP24 1887544294507441174.html
Marathon Oil Stock Still Deserves Your Attention Despite Analyst Concerns

27 May 19:57 1 article

Marathon Oil Stock Still Deserves Your Attention Despite Analyst Concerns

A couple of high-profile financial firms are firmly bearish on Marathon Oil, but there are two sides to the story for MRO stock.

27 May 19:57 InvestorPlace 24614510670167585.html
Why Patience Is Key When It Comes to DraftKings Stock

27 May 19:42 1 article

Why Patience Is Key When It Comes to DraftKings Stock

The sports betting market offers a huge growth runway and DraftKings stock is a play on it, but the share price has gotten too high.

27 May 19:42 InvestorPlace 24614510236895094.html
Tractor Supply News: Why TSCO Stock Is Surging 8% Today

27 May 19:02 1 article

Tractor Supply News: Why TSCO Stock Is Surging 8% Today

Tractor Supply (TSCO) is in the news Wednesday after revealing an incredibly strong outlook for the second quarter of 2020.

27 May 19:02 InvestorPlace 24614509955458748.html
Ralph Lauren Earnings: RL Stock Ticks Lower On Q4 Misses

27 May 19:36 1 article

Ralph Lauren Earnings: RL Stock Ticks Lower On Q4 Misses

Ralph Lauren earnings on Wednesday have RL stock slightly lower after the company missed both EPS and revenue estimates from Wall Street.

27 May 19:36 InvestorPlace 24614509743060065.html
General Electric News: GE Stock Lights Up 8% on Light Bulb Business Sale

27 May 19:50 1 article

General Electric News: GE Stock Lights Up 8% on Light Bulb Business Sale

General Electric (GE) news for Wednesday concerning the sale of the company's lighting business has GE stock taking off.

27 May 19:50 InvestorPlace 24614509692782925.html
Biotech Stocks Have Been on Fire, But Timing Is Everything

27 May 19:08 1 article

Biotech Stocks Have Been on Fire, But Timing Is Everything

Consensus is that the experts will find a vaccine to Covid-19 soon, so the biotech stocks have rallied hard. Buying them now carries risk.

27 May 19:08 InvestorPlace 24614509458666124.html
A new but familiar custodian at the Public Investment Corporation

27 May 19:40 1 article

A new but familiar custodian at the Public Investment Corporation

Finance Minister Tito Mboweni, who oversees the Public Investment Corporation’s operations, announced that Cabinet has approved the appointment of Abel Sithole as CEO for five years. Sithole is currently the principal officer of the Government Employees Pension Fund — the PIC’s biggest client.

27 May 19:40 Daily Maverick 2373996788541491624.html
Winter of discontent looms for mining sector

27 May 19:52 1 article

Winter of discontent looms for mining sector

As the mining sector gears up to resume full production from June, the Minerals Council South Africa sees a 6%-10% contraction in overall mining production for 2020 because of the Covid-19 impact. It is also satisfied that its screening and testing measures are working. Unions would beg to differ.

27 May 19:52 Daily Maverick 2373996787571776078.html
Reserve Bank paints sobering picture of SA financial (in)stability

27 May 19:51 1 article

Reserve Bank paints sobering picture of SA financial (in)stability

The South African Reserve Bank has just published its first Financial Stability Review for 2020. It makes for sober reading ahead of the expected end of prohibition.

27 May 19:51 Daily Maverick 2373996787396836849.html
Why NIO Stock Is Rising Today

27 May 19:34 1 article

Why NIO Stock Is Rising Today

An analyst upgrade ahead of earnings is giving shares a boost.

27 May 19:34 The Motley Fool 2231313658549831853.html
Trump’s Economic Advisers Are Wrong

27 May 19:20 1 article

Trump’s Economic Advisers Are Wrong

Forget a V-shaped recovery, or even a U.

27 May 19:20 NY Times 1961078289921581625.html
Netflix Stock Is a Win No Matter Where the Pandemic Goes

27 May 19:28 1 article

Netflix Stock Is a Win No Matter Where the Pandemic Goes

NFLX stock is more than just a pandemic play. The firm will likely continue to perform in the quarters ahead despite the economic downturn.

27 May 19:28 InvestorPlace 24614511171410388.html
SGX plunges most in 17 years as MSCI inks agreement with Hong Kong

27 May 19:49 1 article

SGX plunges most in 17 years as MSCI inks agreement with Hong Kong

SGX's stock fell close to 12%, the most since 2003, amid concerns over revenue loss

27 May 19:49 Business-Standard 1502508926251020854.html
Is India's richest man Mukesh Ambani betting on US-China tech war?

27 May 19:35 1 article

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

27 May 19:35 Business-Standard 1502508925616984586.html
Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

27 May 19:45 1 article

Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

The hygiene and risk factors have contributed to the increased adoption of e-commerce channel among customers who have either been inactive in digital buying or preferred traditional channel for touch-and-feel factor before making purchases.

27 May 19:45 The Financial Express 1288289581528201808.html
Floor price issue may not figure on Trai’s radar for at least 2 months amid COVID-19 crisis: Source

27 May 19:49 1 article

Floor price issue may not figure on Trai’s radar for at least 2 months amid COVID-19 crisis: Source

This is not an "opportune moment" to address the issue, and in any case, telecom operators are free to take decisions on tariff matters, the senior Trai official said.

27 May 19:49 The Financial Express 1288289580379096890.html
Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

27 May 19:05 1 article

Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.

27 May 19:05 The Financial Express 1288289581459810089.html
ASI team discovers monolithic Shiva Linga in Vietnam! India extends a helping hand to restore Cham Temple Complex

27 May 19:28 1 article

ASI team discovers monolithic Shiva Linga in Vietnam! India extends a helping hand to restore Cham Temple Complex

The temple complex was built in the 9th century A.D. under the reign of King Indravarman II who also built the famous Dong Duong Buddhist Monastery in Quang Nam Province.

27 May 19:28 The Financial Express 1288289580137472354.html
After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus

27 May 19:03 1 article

After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus

Nitin Gadkari today said that states must contribute Rs 20 lakh crore to fight against coronavirus-led disruptions.

27 May 19:03 The Financial Express 1288289579845485752.html
Bellagio, MGM Grand, Caesars Resorts to Reopen in Las Vegas on June 4

27 May 19:10 1 article

Bellagio, MGM Grand, Caesars Resorts to Reopen in Las Vegas on June 4

Multiple casino-resorts plan to open their doors amid COVID-19 world restrictions and new safety protocols.

27 May 19:10 The Hollywood Reporter 121801344228742758.html
Economy contracted by 1.7 per cent in March quarter - PIOJ

27 May 19:48 1 article

Economy contracted by 1.7 per cent in March quarter - PIOJ

Jamaica’s real Gross Domestic Product (GDP) contracted by an estimated 1.7 per cent during January to March 2020, ending 20 consecutive quarters of no economic contraction. Director General of the Planning Institute of Jamaica (PIOJ) Dr Wayne...

27 May 19:48 The Gleaner 1215260530149044821.html
Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD

27 May 19:23 1 article

Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD

However, categories such as ice-cream has seen a 80 per cent dip in sales. Amul is also sitting on huge inventory of milk powder, with HOREKA sales coming to a halt

27 May 19:23 Business Today 1145527432239661185.html
New Jersey Bill On Table To Boost Solar In Equitable Way

27 May 19:00 1 article

New Jersey Bill On Table To Boost Solar In Equitable Way

New Jersey State Senator Troy Singleton recently introduced the NJ Clean Energy Equity Act, S. 2484, to help low-income New Jersey families benefit from solar, storage and energy efficiency. Senator Singleton explains the necessary and positive step: “All New Jerseyans — regardless of their zip code or socio-economic status — must have access to the many

27 May 19:00 CleanTechnica 1065744424382179078.html
Fed's Bostic: A second infection wave would cause serious concern

27 May 19:37 1 article

Fed's Bostic: A second infection wave would cause serious concern

Atlanta Federal Reserve's head, Raphael W. Bostic has crossed the wires and has said that the pandemic relief will need to be lasting and means-tested

27 May 19:37 FXStreet 4480975638131356703.html
Wall Street gains amid economic hopes; tech shares decline

27 May 19:35 1 article

Wall Street gains amid economic hopes; tech shares decline

By Caroline Valetkevitch (Reuters) - The Dow and S&P 500 rose on Wednesday, powered by banks stocks, as optimism for an economic recovery as lockdowns continued to ease overshadowed worries of simmering U.S.-China tensions. Declines in technology shares limited the advance, with the Nasdaq underperforming the other major indexes. The S&P 500 financial index provided the biggest boost to the benchmark index, sending it past the psychologically key 3,000 level in intraday trading for a second day in a row.

27 May 19:35 Firstpost 4760741712504323231.html
vivo donates smartphones for medical frontliners in mega swabbing facility

27 May 19:00 1 article

vivo donates smartphones for medical frontliners in mega swabbing facility

vivo has donated smartphone handsets to the Department of Public Works and Highways (DPWH) which is overseeing the conversion of existing venues and structures into quarantine facilities, swabbing centers, and isolation areas to combat the spread of COVID-19. Charisma Buan, vivo PR lead turned over the handsets to Anna Mae Yu Lamentillo, Committee Chairperson of DPWH’s Build, Build, Build infrastructure program. The units will be used by medical frontliners tasked to conduct COVID-19 mass testing on returning overseas Filipino workers at the Palacio de Maynila mega swabbing center along Roxas Boulevard. “We are pleased to contribute in our own way to the government’s efforts to detect COVID-19 cases. Our donation will help establish a means of communications among teams of frontliners in the mega swabbing facility and even with their families,” Buan said. vivo is a leading global technology company that is product-driven with core businesses including smart terminals and intelligent services. vivo is committed…

27 May 19:00 manilastandard.net 4715274784571489927.html
Japanese donation

27 May 19:55 1 article

Japanese donation

The Department of Trade and Industry Region 4-A turns over 9,000 surgical masks and 50 face shields from Japanese companies Tsuneishi Shipbuilding Co. Ltd. and Taiheiyo Cement Corp. to Cabuyao City Mayor Rommel Gecolea. With the help of Ibiden Japan, the donations were shipped for free.

27 May 19:55 manilastandard.net 4715274785832832168.html
Enabling Europe to lead the green and digital transition

27 May 19:00 1 article

Enabling Europe to lead the green and digital transition

The Commission released today its latest report on the EU’s Science, Research and Innovation Performance, through which it analyses how Europe performs in the global context. It highlights the need for research and innovation (R&I) to support sustainable and inclusive growth of companies, regions and countries, making sure that no one is left behind in […]

27 May 19:00 Modern Diplomacy 4563921198952587586.html
Pound Sterling Price News and Forecast: GBP/USD reversal from 1.2350 extends to session lows at 1.2205

27 May 19:06 1 article

Pound Sterling Price News and Forecast: GBP/USD reversal from 1.2350 extends to session lows at 1.2205

Cable fell some hundred pips on Wednesday as traders booked profits from Tuesday's 1.2% rally, weakening near-term structure and shifting focus lower.

27 May 19:06 FXStreet 4480975639492832472.html
USD/MXN rises for the first time in twelve days, remains bearish but above 22.00

27 May 19:32 1 article

USD/MXN rises for the first time in twelve days, remains bearish but above 22.00

The Mexican peso retreated versus the US dollar on Wednesday, posting the first lost since May 15. The decline was modest and it still maintains a pos

27 May 19:32 FXStreet 4480975639286039041.html
EUR/CHF Price Analysis: Euro limited below trendline resistance at 1.0700

27 May 19:05 1 article

EUR/CHF Price Analysis: Euro limited below trendline resistance at 1.0700

EUR/CHF fails at 1.0700 and returns to 1.0650 area. The euro has been capped by downward trendline resistance from April 2019 highs. Euro rally from

27 May 19:05 FXStreet 4480975639122642111.html
GBP/USD bears seeking a close below 50-D EMA, Brexit talks loom

27 May 19:29 1 article

GBP/USD bears seeking a close below 50-D EMA, Brexit talks loom

GBP/USD is currently trading at 1.2247 and lower on the day so far. The US dollar has picked up a safe-haven bid as geopolitics heats up. Cable has tr

27 May 19:29 FXStreet 4480975639044686567.html
US Dollar Index Asia Price Forecast: DXY is bouncing from monthly lows

27 May 19:25 1 article

US Dollar Index Asia Price Forecast: DXY is bouncing from monthly lows

The US Dollar Index (DXY) is finding some solid support near the monthly lows close to the 99.00 level and the 100 SMA on the daily chart. However, the risk ap

27 May 19:25 FXStreet 4480975638865089756.html
Gold Price News and Forecast: XAU/USD returns to $1,712 and turns positive on the day

27 May 19:08 1 article

Gold Price News and Forecast: XAU/USD returns to $1,712 and turns positive on the day

XAU/USD has bounced up from two-week lows sub $1700 on Wednesday and is turning positive on the daily charts. The precious metal has reached $1,712 ar

27 May 19:08 FXStreet 4480975638483993552.html
NZD/USD pulls away from multi-week highs, looks to close near 0.6170

27 May 19:03 1 article

NZD/USD pulls away from multi-week highs, looks to close near 0.6170

The NZD/USD pair rose to its highest level in 11 weeks at 0.6233 on Wednesday but lost its traction in the second half of the day. As of writing, the

27 May 19:03 FXStreet 4480975638445506308.html
Battle ahead for EU’s massive virus recovery plan

27 May 19:00 1 article

Battle ahead for EU’s massive virus recovery plan

Brussels, Belgium | AFP | European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it. The global coronavirus outbreak has already thrust the EU into its deepest ever recession, and Von der Leyen’s proposal would help the worst affected countries. But …

27 May 19:00 The Independent Uganda: 5099025990478815667.html
CBN reduces interest rate on OFIs facilities to 5% per annum

27 May 19:03 1 article

CBN reduces interest rate on OFIs facilities to 5% per annum

As part of its continued effort to mitigate the impact of the coronavirus (COVID-19) on households, businesses and regulated institutions...

27 May 19:03 Vanguard News 4125100338830205309.html
A comeback in U.S. shale is at least a year away: Precision Drilling CEO

27 May 19:20 1 article

A comeback in U.S. shale is at least a year away: Precision Drilling CEO

Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.

27 May 19:20 BNN 3833521689406922840.html
Contractor Sued After Painter Tore Hole in $100 Million USD Picasso Painting

27 May 19:25 1 article

Contractor Sued After Painter Tore Hole in $100 Million USD Picasso Painting

The damages dropped the painting's value by $20 million USD.

27 May 19:25 HYPEBEAST 3806037270063744768.html
First Mutual Life records investment loss

27 May 19:46 1 article

First Mutual Life records investment loss

First Mutual Life Holdings Limited has recorded an investment loss amounting to $392,8 million in the full year ended December 31, 2019 due to a decrease in value of equities listed on the stock exchange.

27 May 19:46 Nehanda Radio 3802011522794245998.html
DA denies money woes as it plans to cut jobs

27 May 19:13 1 article

DA denies money woes as it plans to cut jobs

The DA is pushing ahead with its plans to retrench staff, but has denied it is facing financial trouble.

27 May 19:13 News24 3752801376592719631.html
Robinhood says it's fixed an issue that showed incorrect portfolio values for users

27 May 19:57 1 article

Robinhood says it's fixed an issue that showed incorrect portfolio values for users

Robinhood said Wednesday it fixed an issue that led some users' portfolios to display incorrect balances. The company tweeted it 'encountered an...

27 May 19:57 Business Insider 3364799147065141718.html
EU Proposes €750bn Coronavirus Bailout as Popularity of Bloc Weakens

27 May 19:01 1 article

EU Proposes €750bn Coronavirus Bailout as Popularity of Bloc Weakens

The European Commission has proposed a massive €750bn coronavirus bailout package as many across Europe have begun to question the EU itself.

27 May 19:01 Breitbart 3148363490927574479.html
UFC files four trademarks for ‘UFSEA,’ including events and merchandising

27 May 19:00 1 article

UFC files four trademarks for ‘UFSEA,’ including events and merchandising

The UFC is adding "UFSEA" to its list of trademarks.

27 May 19:00 MMA FIGHTING 2898528043796906025.html
Merkel: No budget deal in June, but must come by fall

27 May 19:55 1 article

Merkel: No budget deal in June, but must come by fall

Chancellor cautions she expects ‘difficult’ negotiations ahead.

27 May 19:55 POLITICO 2584151346375145474.html
Merkel vows a ‘tough fight’ with Brussels over Lufthansa rescue

27 May 19:22 1 article

Merkel vows a ‘tough fight’ with Brussels over Lufthansa rescue

Merkel and Vestager brace for a fight over how far Berlin can go to save its flag carrier.

27 May 19:22 POLITICO 2584151346612800170.html